ActiveSingleFamilyResidence

5514 Smiley

Los Angeles, CA, 90016

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$849,999

MLS: DW26015633

Beds

2

Baths

1

Sq Ft

828

Lot

0.11 ac

Year Built

1940

MLS #

DW26015633

Days on Market

43

Listed

Feb 10, 2026

Description

This 2-bedroom, 1-bathroom residence offers comfortable living with valuable improvements already in place. The layout is ideal for first-time buyers, couples, small families, or those looking for a centrally located Los Angeles property with manageable living space. One of the standout features of this property is its proximity to some of Los Angeles’ most recognizable lifestyle destinations. A short drive brings you to The Grove, an iconic outdoor shopping and entertainment destination known for its vibrant atmosphere, popular restaurants, and year-round events. Whether it’s dining out, shopping, or enjoying an evening stroll, The Grove is a favorite destination for locals and visitors alike. Nearby, the Beverly Center offers a high-end retail experience with luxury brands and upscale dining. This landmark shopping center adds prestige and convenience to the surrounding neighborhoods. Also within easy reach is Westfield Century City, featuring modern shopping, premium restaurants, and entertainment options. Century City also serves as a major business and employment hub, further enhancing the value of living nearby. For a world-class luxury experience, residents are just minutes from Rodeo Drive in Beverly Hills—globally recognized for designer boutiques, fine dining, and timeless appeal. Access to Rodeo Drive reinforces the upscale lifestyle potential of this centrally located home.

Location

Los Angeles, Los Angeles County, CA 90016

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Listed by: Jose Ramos Sanchez · R Capital

Payment estimate

$6,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $764,999

%
Principal & Interest
$4,700
Property tax (1.25%)
$885
Homeowners insurance
$300
Mortgage insurance
$319
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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